HomeMy WebLinkAbout2989 and shnll perjorm, comply ~i~h azd abtd• by ~k a~d every the aereemenb, aNpnlntions, condttlons and
oooenanb tharoof. and o~ this ~norfgage. fhen thts nartgapf and the atate here6y cneated, slw~~ cease. do-
ee.mtne w~d be nuU w?d ootd.
~ d~e nwre9aAor hereby /uNher oo~enants and agre.s to pay Ar~omPt[y whe~ dw tke ~ncipol•and
intereat and other auma o/ money provide~d jor tn iatd note and thi~ morlgape, or either: to pay all and
aingular fhe laxes. asaeasmenb. ~evlea. ~iabi~illes. ob~tgations. ar~ encumbrancea oj every nalu~+e on satd pro-
perty; to pe~mit. commtt or auf~er no waate. impatrment or deter+torotion of sa~ jand o~ the improvemenb
lhereon at uny time: to keep the 6uildings nouw o~ herea/ter on anid land /ully insured in u sum ot not less
th~ full insurable value.
tn a oo~y or co??~a.~tes acceptable to el~e mo~e9agee, the policr o~ poltcte, eo be held 6y, w~d payable
to. said nwrtgagee, and tn the event ony sum oj money ~iecomea paya6le 6y virtue o~ auc~ insuranoe t~e
mortgagee shall haue the rtght !o rec~eine nnd nppl~+ the anme to tl~e inde6tedness herebq aecured, accounttng
to !~?e mortgagor ~or uny surpiw; to pnq aU oosts. chargea. and earpensea. incjuding lawyer a~ees ond title
searches, rea.or~a6ly ~ncw.gd or ~d 6y the ~no.t9~ee because o) the /ailure o/ the mortgngor to promptly
and ~ully c~omply with the agreementa. stipujationa. c~onditiona and oovenanta of aaic~ note and this rr?ortgage.
or etthe~; to perJonn. comply with and.ab~de by ~~h a.~d every tf~e agreementa. attpulations. conditiona and
oovenants set (o?fh in satd note and lhfs mortgage or eithe~. ln t~e event the ~nortgagor ~aila to pay tuhe~
due anq lax. asseasment. insurnnce premium o~ othe~ aum o/ money payable 6y nirtue oE said note and thia
mortgage. or either. the mortgagee may pay the aame. wif~out waiving or ajlecting t~e option .to ~orecjose
or any other right hereunder, and all such payments s1~a1! 6ear interest jrorn date theneo/ at the highest Iaw-
/ul mte t/~en albwed 6y the lawa oj the State o) Florida
1L anq sum o~ money herein reEsn~ed to be not promptjy puid withtn L~~'ty duya next ajte~
tl~e same becomea due, or ij each and eaery the agreementa, stipulatioru, conditiona and cavenants oj said
note and l6is mortgage, or either, are not /uliy ~rjormed, c~omplied with and abided by, then the entire
awn mentioned in said note, and this mortgage, or the entire ba[ance unpa~d thereon, shaU /ortluuith or
thereaj~er, at the option oJ tFis mortgagee, 6~~.~e ~d 6g d~ w~d paya6l~, ~yt~t~ tn s~id note or he~~
to tl~e contrary notwitl~atnnding. Fnilure bq tke mortgagee to exer~ciae any of the rtg~ts or options herein
providecl shaU not constitute a waiver o~ any righta or options unde~ said note or thia mortgage acc~s~ed or
ileerea~ter nccruIng.
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(CORPORATE ln ~~Llli~ ~~l fhe mortgdgjor has cauaec~ t~~e~ ~ikE's~?~ta:to
SEAL) 6e executecl in ita name. anc~ its corpomte sea~ io lie ~i n~,~~iy'Ut•
proper rs t ~ unto dujy nuthorized, the daq and y~a~booe writt¢n:. s-
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! A~~:----- INSTANT~MART OF I~~AN RIVBR,,~~,.;
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.,N......•"' 'Y' , :
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~ Cof'Pey. . ~r-TreBS . :
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~ S' , sen and deGvered i ce oj:
~ - 1- ByR. B. ~A]13son . •y°~-~p~
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- p f FLORID~
~OUII~ Of INDIAN RIVER '
I HEREBY CERTIFY t/~ot on d?i, dur. b%ne me. an o/(1~er da[r o,.d~wtud in d~e Stme a.d Cou?~r a(one,md b 1a4 «b~o~dedo-
' rx~1r ~ R. B. Allison atid James W. Cof'f'ey ~ ,
~ueu 6wu~ b n~ ~0 6e d~e Pn~de.~r md Sec.-Treasurer re,pecuat, o/• e/~e oapp~eia;',wn~d or ;
-r,- . e ~ . . . 1
?eortgapor sn t/~e /o.rgotng i,istn.mrnr. und rlwe r{~ey .roe.olfy «b~ouaedg~d e:~cwtng t6e ,ame. tn d~e pe,~noe o( tu+o ~6uw td'itnssus. .
(~Ir o~d ool~ro.dy w~k~ owl.oritr ddy or,ud in t6rm 6r satd oorpwnuon ~d ~ ihe ,~ol aJ(t~d ~o t, tht jr,~e Qo~pe~ars ~,.ol o(
70~ • r {T ~ F . . ~ i ' . .
W~HE.S$ rn~ ~anil and o(~~ aa~ In t~ir CouNr and $fafe ~ost aJonsoid l~is ~h dar o~
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FILEO AND RECORDEO' ~ . . - ,
S7. ~UCIE COUNTY, FLA• . ~
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RF~nR~ VER~~'~~D
~~~~2 tary Public, said te and County.
, . y commission expires:
~68 "EC 26 4.28
~ ~~0. $~te cf Plorida at Latqs
~ - Y7 Commissioa Ez
R? IYR +S Puea Apr. 1~ 198~.
~~Q _i.. . .
~~ERK CIRCUIT COUR? b00~~~~ ~~~,~A
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